Carlyle signs $2.8 billion deal to acquire majority of MAI Capital
Carlyle agreed to acquire a majority stake in MAI Capital Management, valuing the company at more than $2.8 billion. The private equity firm first gained exposure to MAI in 2021 through its investment in Galway Holdings, which acquired a majority stake in Cleveland-based RIA that same year. The latest deal will see Galway Holdings, Harvest…